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1 . By using the actual demand of the first 1 6 periods, forecast the demand for period 1 7 , by 3 - period
By using the actual demand of the first periods, forecast the demand for period by
period moving average and
exponential smoothing techniques
Find the best value for exponential smoothing techniques.
Finally, see which forecast is more accurate by using Mean absolute deviation MAD and Mean Squared Error MSE
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